This paper discusses how global financial institutions are using big data analytics within their compliance operations. A lot of previous research has focused on the strategic implications of big data, but not much research has considered how such tools are entwined with regulatory breaches and...

Purpose: This paper investigates the strategic behavior of algorithmic trading firms from an innovation economics perspective. We seek to uncover the sources of competitive advantage these firms develop to make markets inefficient for them and enable their survival.Methodology: First, we review...